South Asia New Materials: Intends to repurchase company shares with an amount of 90 million to 180 million yuan.

South Asia New Materials announced that it plans to repurchase company shares with an amount of 90 million to 180 million RMB at a maximum price of 147 RMB per share. The company is expected to repurchase 612,200 to 1,224,500 shares, accounting for 0.26% to 0.52% of the total share capital.